Property Overview: 573 Clifton Street, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home presents a distinct profile defined by its above-average interior space within a historic package. Built in 1909, it offers 1,268 sqft of living area, which is notably larger than most comparable homes on its street and in the Minto area. This creates a practical appeal: you get more interior room than the neighbourhood norm. The lot size is consistent with local expectations, and the most recent sold price (2022) and current assessed value (~$260k) sit in a moderate range for the immediate area, though below the wider city average.
The appeal lies in this value-oriented space. It suits a buyer who prioritizes square footage and character over modern construction, and who is comfortable with the realities of a century-old home. It’s a pragmatic choice for someone looking to establish themselves in the neighbourhood without paying a premium for a more recently built property. A thoughtful perspective is that this home outperforms its local peers in living area, which can be harder and more expensive to add later, whereas elements of an older build can be updated over time. It would likely suit a handy first-time buyer, an investor looking for a character rental, or a downsizer seeking a manageable footprint without feeling cramped.
Frequently Asked Questions
1. What does the "Top 14%" ranking for Living Area mean?
It means this home's interior square footage is larger than 86% of the 355 comparable properties on Clifton Street. You are getting more indoor space than most homes on this specific block.
2. The home was built in 1909. What should I consider?
While it offers classic character, a home of this age will likely have older systems (like plumbing, wiring, and the foundation) that require careful inspection. Budgeting for maintenance and potential updates is essential. Its age is a significant factor in its below-average rankings for year built.
3. Why is the assessed value below the city-wide average?
The assessed value reflects a combination of the home's age, location, and market conditions. While the interior space is generous for Minto, the older construction and typical lot size for the area result in a valuation that is moderate locally but lower than the Winnipeg average, where newer homes on larger lots are common.
4. How reliable is the sold price range shown for 2022?
The range is based on publicly available data. For the exact sale price, you must request it via the provided email service. This step ensures accuracy, as precise sale prices are not always disclosed in public records.
5. What are the next steps if I'm interested?
Start by reviewing the detailed neighbourhood analysis map to compare this property directly with its neighbours. Then, arrange a viewing to assess the condition of the historic home firsthand. Finally, a professional home inspection is highly recommended to understand the specific state of the 117-year-old structure.